Natural gas fuels rising electric costs
The three regulated utilities - Public Service of New Hampshire, Unitil and Liberty - have requests for increases in their energy supply charges either pending before the Public Utilities Commission or already approved by the PUC.
PSNH serves about 70 percent of the state and has lost more than 90,000 residential customers to competitive electricity suppliers since those suppliers began offering lower rates more than a year ago.
Liberty, whose franchise territory includes western and southern areas of the state, serves about 6 percent of the retail customers in New Hampshire, while Unitil serves about 11 percent of the state's retail customers in both the Seacoast and Concord areas.
North American is offering 7.59 cents per kwh on a 12-month guarantee, while ENH, another large competitive supplier, is offering 7.89 cents per kwh for the same period. There are 14 registered providers of competitive energy supply, all with varying terms and rates. The regulated utility continues to deliver the electricity, read the meters and manage the billing, no matter who supplies the power.
The energy charge from PSNH includes costs associated with its power plants, so customer migration is a concern among regulators.
As more customers leave PSNH, a shrinking customer base has to support those power plant expenses.
READER COMMENTS: 5
- Fuller Oil customers frustrated once more - 13
- Support for solar project in Monadnock Region sought - 0
- Iberdrola must file new application for Wild Meadows project - 1
- Heating pellets prove to be in short supply in NH - 13
- Wind farm firm puts application on hold to address safety issues at Groton site - 5
- Groton resident settles with wind farm company - 0
- Advertising campaign pushes for underground Northern Pass - 1
- Report: Gas pipeline not enough to avert New England energy crisis - 22
- Almost $2m to correct out-of-position airport solar panels - 12
READER COMMENTS: 0
- NHIAA Tournament Roundup: Central breaks away from Exeter - 0
- College Hockey: Dartmouth drops tournament opener - 0
- FEMA OKs $8m for repairs in Lincoln, Lebanon - 0
- Official says Manchester lost out on $1.5m for cell tower court has now ordered built - 2
- John Habib's City Sports: Derryfield's 'Mouse' made his mark - 0
- Rondo leads Celtics past Nets - 0
- Hats off to O'Neill, Monarchs - 0
- NHIAA Boys' Basketball: Maughn, Memorial top Londonderry - 0
- NHIAA Boys' Basketball: Giampetruzzi leads Trinity into D-I semis - 0
Obamacare's new trick: Only temporary relief